Frog Systems raises £500k in a seed follow on round led by Nick Kuenssberg and Sir Rod Aldridge to fund team expansion.
The seed follow on round was led by Nick Kuenssberg and Sir Rod Aldridge to support recruitment and commercial expansion.
Frog Systems develops an online mental wellness platform that combines video accounts of lived experiences with local support signposting. The Glasgow enterprise works with corporate, sporting and educational bodies to provide customized wellbeing solutions.
Scottish tech company Frog Systems has secured more than £500k in a seed follow on investment round. The funding was led by Nick Kuenssberg and Sir Rod Aldridge, with participation from existing backers and four new investors. The capital will be directed towards recruitment efforts, specifically building out a sales and service team to support the firm over the coming year.
The Glasgow-based enterprise has developed a mobile-optimised wellness platform that connects users with peer videos and local support services. The fresh capital arrives as the company prepares to announce several new client signings across multiple sectors, building on recent deployments such as a bespoke mental wellness portal for Sussex Cricket.
From the founder
"Having achieved a robust scalable platform, Frog is now well-placed to demonstrate its unique capabilities in partnership with any organisation with a duty of care towards its staff, membership or customers. This funding allows the company to make a real difference to society at a time when mental health and wellbeing are top of most people’s agenda."
Nick Kuenssberg
Chair at Frog Systems
Investor perspective
"Mental and physical illness does not discriminate. Each one of us is touched by it at some point in our lives and the current pandemic has exacerbated this situation. The innovative technology developed by Frog which is a free, online resource, uses the power of video to encourage taking the first step in seeking early support – providing a bridge between citizen and service provider."
Sir Aldridge
Sir Rod Aldridge
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
Investors
Categories
About the company
Frog Systems
Frog Systems provides a video-led online mental wellness and support platform for organisations.